Form 4: Alphatec CFO Koning Sells 37,500 Shares to Cover Tax Obligations

Alphatec Holdings CFO John Todd Koning sold 37,500 shares of common stock on April 22, 2025, to satisfy tax withholding obligations related to vesting restricted stock units.

Summary

• On April 22, 2025, John Todd Koning, the CFO of Alphatec Holdings, Inc. (ATEC), sold 37,500 shares of common stock.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 2, 2024, and amended on January 27, 2025.
• The purpose of the sale was to cover tax withholding obligations arising from the vesting of restricted stock units.
• The shares were sold at a weighted average price of $10.71, with individual transactions ranging from $10.59 to $10.86.
• Following the transaction, Koning directly owns 466,536 shares of Alphatec Holdings, Inc.

Sentiment

Score: 6

Explanation: The document is neutral. It simply reports a stock sale by an executive to cover tax obligations, which is a fairly routine event. The use of a 10b5-1 plan further reduces any negative sentiment.

Industry Context

Sales by company insiders are a common occurrence and are often related to personal financial planning or diversification. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any inside information.

Stakeholder Impact

• The stock sale may have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect on shareholders.
• The sale does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Alphatec Holdings, ATEC, John Todd Koning, CFO, Form 4, Stock Sale, Rule 10b5-1, Tax Obligations, Restricted Stock Units